Mergers
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Dec. 15, 2021
Here’s a snapshot of recent energy deals including back-to-back acquisitions in the Midcontinent by Tom Ward’s BCE-Mach plus the closing of Contango Oil & Gas’ combination with a KKR-backed firm.
Private Equity , Shale Plays , Acquisitions & Divestitures , Mergers
EnCap Merges Two Permian Portfolio Companies in $4 Billion Deal
The EnCap deal will create one of the largest privately-owned oil producers in the Delaware Basin of the Permian, sources said.
Public Capital , Mergers
Contango Oil & Gas Completes Merger with KKR-backed Firm, Forming Crescent Energy Co.
Headquartered in Houston, the combined company will become KKR’s primary platform for pursuing upstream oil and natural gas opportunities.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Dec. 8, 2021
Here’s a snapshot of recent energy deals including the closing of Shell’s Permian Basin exit through a $9.5 billion deal with ConocoPhillips plus a Centennial Resource Development asset sale.
Restructurings , Exploration & Production , Mergers
PNG-focused Oil Search Gets Shareholder Nod for $6.2 Billion Buyout by Santos
In September, Santos said the merger with Oil Search would better align stakeholdings in PNG’s biggest gas projects—PNG LNG and Papua LNG—that would further support investment and deliver new jobs.
Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers , Midstream
CenterPoint Begins Midstream Exit Following Enable Sale to Energy Transfer
The sale by CenterPoint, one of Enable Midstream’s two largest unitholders, was part of the $7.2 billion all-stock merger of Enable with Energy Transfer that underwent an extended FTC investigation.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Dec. 1, 2021
Here’s a snapshot of recent energy deals including the $480 million sale of Goodrich Petroleum to private equity-backed Paloma Resources.
Private Equity , Shale Plays , Acquisitions & Divestitures , Mergers
Goodrich Petroleum Agrees to $480 Million Sale to Paloma
Upon the completion of the transaction, Goodrich Petroleum will become a privately held company and shares of Goodrich common stock will no longer be listed on any public market.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Nov. 17, 2021
Here’s a snapshot of recent energy deals including the acquisition of Veritas Energy’s nonop position by Northern Oil and Gas in a transaction worth over $500 million in the Permian Basin plus a $2.5 billion Freeport LNG deal.
Private Equity , Shale Plays , Acquisitions & Divestitures , Mergers , Midstream
EnCap Flatrock’s Ironwood, Nuevo Midstream Combine Eagle Ford Assets
Both financially backed by private equity-firm EnCap Flatrock Midstream, Ironwood II said in a release it had completed an asset merger and assumed management of Nuevo Midstream Dos’ Eagle Ford assets.